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1. northcarolinahistory.org › ralph-w-ketner-1920Ralph W. Ketner (1920 – 2016) - North Carolina History

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   Son of George Robert (Bob) Ketner and Effie Yost Ketner, Ralph W. Ketner was born on September 20, 1920 in Rimertown in Rowan County. In 1923, the Ketner family moved to Salisbury, North Carolina, where Ralph Ketner’s father, formerly a farmer, started a butcher shop and provided his six children an example of entrepreneurship and innovation ...

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2. www.ourstate.com › food-lionThe Town That Built Food Lion - Our State

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   Aug 31, 2012 · Ralph Ketner passed away on May 29, 2016. It was 1957. Three Salisbury men wanted to start a new grocery chain, but they couldn’t scrape together enough money to open the first store. Ralph Ketner; his older brother, Brown; and their colleague Wilson Smith had soured quickly on their new positions with Winn-Dixie, which were part of a package ...

3. www.salisburypost.com › 2012/02/16 › ketner-lookingKetner looking for all original Food Town investors

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   Feb 16, 2012 · Ketner, the magazine’s 1990 Entrepreneur of the Year, quickly reminded the story’s author that an original investment of $10,000 in Food Town was worth $355 million — 73 times Microsoft’s ...

4. www.company-histories.com › Food-Lion-LLC-CompanyFood Lion LLC -- Company History

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   Delhaize "Le Lion" signed an agreement to vote with Chairman Ralph Ketner for ten years on all policy issues. The company's growth accelerated dramatically in the late 1970s and the 1980s. Food Town opened stores in Virginia in 1978 and in Georgia in 1981. In 1977 the chain operated 55 stores; by 1987, it ran 475.

5. en.wikipedia.org › wiki › Food_LionFood Lion - Wikipedia

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   Food Lion was founded in 1957 in Salisbury, North Carolina, as Food Town by Wilson Smith, Ralph Ketner, and Brown Ketner. The Food Town chain was acquired by the Belgium-based Delhaize Group grocery company in 1974. [7] Due to Ralph Ketner's savvy business sense and ever-growing grocery store endeavors, initial investors of Ketner's 'Food-Town ...

6. money.cnn.com › magazines › fortuneMAKING THEM RICH DOWN HOME Food Lion stock made millionaires ...

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   Aug 15, 1988 · Food Lion's back-to-basics approach springs from the late-blooming intuitive genius of Ralph Ketner. By the fall of 1967, Food Town, as the chain was originally called, had opened 16 stores and ...

7. People also ask

   Why did Ralph Ketner buy food town?

   • The Food Town chain was acquired by the Belgium-based Delhaize Group grocery company in 1974. Due to Ralph Ketner's savvy business sense and ever-growing grocery store endeavors, initial investors of Ketner's 'Food-Town' virtually all became millionaires [citation needed].

   Food Lion - Wikipedia

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   Who is Ralph Ketner?

   • Ralph Ketner is a co-founder of Food Town (later renamed Food Lion). He started working in the grocery business as a child in his father’s meat store in Salisbury, North Carolina, and later as a teenager during the Depression in his brother’s Kannapolis, North Carolina store.

   Ralph W. Ketner (1920- ) - North Carolina History

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   How did Ralph Ketner change the grocery industry?

   • Ralph Ketner's early experiences and an innovative mindset with a lifelong desire to cut costs helped him revolutionize the grocery industry and turn a one-store operation in Salisbury into a leading, national supermarket chain.

   Ralph W. Ketner (1920- ) - North Carolina History

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   Who were the ketners before the Lion?

   • Before the Lion: The 1950s-60s In December 1957 Ralph W. Ketner, Brown Ketner, and Wilson Smith opened a Food Town supermarket in Salisbury, North Carolina. The three men had worked together in the grocery business for some time at a small chain that was owned by the Ketners' father but had recently been sold to Winn-Dixie.

   Food Lion LLC -- Company History

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   Why did Ralph Ketner buy 50 shares?

   • He bought 50 shares for himself and his wife, Zeda, who did not understand stocks and assumed they were giving Ralph Ketner a loan. On December 12, 1957, Food Town opened the largest supermarket in Salisbury — a long, low, 15,000-square-foot store on the edge of town.

   The Town That Built Food Lion | Our State

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   Where was Ralph Ketner born and raised?

   • Ralph Ketner was born and raised in Salisbury, North Carolina. In 1923, the Ketner family moved there, where Ralph's father, formerly a farmer, started a butcher shop and provided his six children an example of entrepreneurship and innovation that displayed how to make a profit without cheating people.

   Ralph W. Ketner (1920- ) - North Carolina History

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8. www-talktofoodlion.com › history-timelineFood Lion Company: (History & Timeline)

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   Jul 15, 2024 · After introducing the Lowest Food Prices in North Carolina (LFPINC) concept in 1968, the grocery chain grew from seven stores to about 800 in 1991, when Ketner retired. Before that, in 1983, the company had changed its name to Food Lion. In the early 1990s, the grocery chain faced legal battles that curbed its incredible and rapid growth.